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REPORT: Cyprus Wants To Redo The Massive Bank Bailout
Brussels :: Belgium | 1 day ago
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Cyprus' president is asking EU leaders to completely alter the country's $13 billion bailout. This is according to an exclusive report from the FT's Peter Spiegel . President Nicos Anastasiades warned in a letter that the small island nation might
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SNL Financial ranks Europe's 50 largest banks
London :: United Kingdom | 10 days ago
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SNL Financial has released its annual ranking of the top 50 European banks by total assets . Amid much focus on the deleveraging underway across Europe's banking sector, this annual look at the region's biggest banks sheds light on who has moved up
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Stringent Capital Rules Inspire Race to Cheap Capital
Bač :: Serbia | 14 days ago
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The " Too Big to Fail" theory states that some financial institutions are so large that their failure will have a terrible effect on the national economy. Therefore, in the event of a severe challenge, the government bails them out. Large companies
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Is GE's Credit Card Business "Too Big to Sell"?
Alexandria :: VA :: USA | 15 days ago
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massive finance division, it may be time for Plan B. Since as early as 2007, GE has been working to shrink its GE Capital unit. After being relatively unsuccessful in that effort after six years, GE CEO Jeff Immelt has recently teased the markets
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BNP Paribas Q1 2013 - Interview with CEO Jean-Laurent Bonnafe
İstanbul :: Turkey | 1 month ago
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BNP Paribas, one of Europe's largest banks, reports 2013 first quarter results...Comments on Q1 - Productivity gains - Personal finance - International Retail Banking - Investment Solutions - CIB - Evolution of CIB revenues - Simple & Efficient About
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Greece's largest bank backs cash infusion plan
Athens :: Greece | 1 month ago
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Greece's largest bank has approved a recapitalization plan worth 9.76 billion euros ($12.8 billion), insisting it will raise enough money privately to avoid nationalization. National Bank of Greece, the country's biggest by assets, said Monday that
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5 questions for … Daniel J. Schrider
Baltimore :: MD :: USA | 3 months ago
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A decade ago, Maryland's three largest banks were based in Baltimore. Allfirst, the biggest with nearly $17 billion in assets, fell victim to a foreign-exchange trading scandal that resulted in the bank being sold to a New York institution. Out-of-
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GCC banks assets hit $1.47 tril...
Doha :: Qatar | 3 months ago
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The GCC banking sector continues to remain robust with assets increasing by 11 percent in 2012 to $1.47 trillion. Higher energy prices and increased hydrocarbons production have provided for large public spending programmes, which, coupled with a
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DealBook: Fed's Stress Tests Point to Banks' Improving Health
New York City :: NY :: USA | 3 months ago
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Links Carolyn Kaster/Associated Press Ben Bernanke, chairman of the Federal Reserve, at a House panel last month. As regulators took a hard look at the financial industry, they found some of the nation's largest institutions better prepared than
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‘Band-Aid on a gaping chest wound:' former TARP official talks crisis politics with RT
Tarp :: Germany | 4 months ago
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RT Neil Barofsky, who was the special investigator general of the US government's Troubled Asset Relief Program until his resignation in 2011, spoke to RT about how the Washington-Wall Street political culture could lead to another devastating
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